The Company is Apple and the product is the Iphone

Question # 00176836 Posted By: kimwood Updated on: 01/20/2016 02:06 PM Due on: 02/19/2016
Subject Economics Topic General Economics Tutorials:
Question
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  1. The Company is Apple and the product is the Iphone!!!

1. Describe three key inputs (or factors of production) and fixed and variable costs involved in the production of the Iphone One example of an input is machines, which are fixed costs. Keep in mind that all inputs will either fall under fixed or variable cost.


2. Analyze the factors that impact your choice of inputs to produce the Iphone. For example, how would a change in the price of raw materials impact the combination of inputs?


3. Based on this analysis, what production decisions would you make? Be sure to support your decisions with examples or data.


- 4 Pages(not including cover page and reference page)

-APA formatting and Citations

4 References

Proper grammar and punctuation

No plagiarism!

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Tutorials for this Question
  1. Tutorial # 00171561 Posted By: kimwood Posted on: 01/20/2016 02:06 PM
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    impact the combination of inputs?3. ...
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    APPLE.docx (34.59 KB)
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